125 Riverbank Drive, Cambridge, ON

$998,000
MLS#:X9306037
5 beds
1 baths
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Cambridge. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $998,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 1 Bathroom
  • Premium 84.1 x 492 ft lot size
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, In-Law Capability, Primary Bedroom - Main Floor
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome home to Country in the City, 125 Riverbank Drive, an all brick 3+2 bed ranch bungalow is ready to welcome your family, Escape from the city to this beautiful almost 1 acre wooded site within minutes of the 401 or Waterloo's University Ave. A welcoming porch invites us into the home, a flagstone foyer plus hardwood floors throughout the main level. The open living and dining rooms feature large windows bringing in natural light. a fully updated kitchen features an abundance of wood cabinets and stainless steel appliances overlooking the incredible rear garden. a few steps from your renovated kitchen you will find a beautiful custom deck, conversation area with gazebo, garden, plus a large treed green space stretching to the rear of this amazing property with running water, a perfect place to relax and entertain. Back inside the home, our main level is complete with family sized bedrooms and a full bath. The large bright lower level is also fully finished, hosting a rec room plus two additional bedrooms that could easily be used as flex living space, laundry room and storage. Close to the Grand River, trails, shopping and much more this is an opportunity not to be missed.

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Key Features

Bedrooms
5
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 25, 2024
Sold price information is available to members only
Listed Date9/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Vinyl Siding
Lot Size84.1 × 492 Feet
CountyWaterloo
Annual Tax$6,062.67
Legal DescriptionPT LT 14 CON BEASLEY'S BROKEN FRONT TWP OF WATERLOO AS IN WS748270; CAMBRIDGE

Parking & Garage

Parking Spaces6.0
Garage Spaces5
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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125 Riverbank Drive, Cambridge, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 125 Riverbank Drive, Cambridge, ON N3H 4R6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$798,400
Monthly Mortgage$4,639
Property Tax (Est.)$505
Utilities & Maint.$350
Total Monthly Cost$5,494

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Cambridge.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cambridge.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$782,071

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Elgin Street
Public685 Elgin Street North, Cambridge, Ontario, N1R 7W6
6.2
Avenue Road
Public40 Gail Street, Cambridge, Ontario, N1R 4M2
3.3
Christ The King
Public70 Acorn Way, Cambridge, Ontario, N1R 8M5
3.1
St Peter
Public92 Avenue Road, Cambridge, Ontario, N1R 1C1
5.6
Manchester
Public455 Dundas Street North, Galt, Cambridge, Ontario, N1R 5R5
4.7

Secondary Schools

Galt
Public200 Water Street North, Galt, Cambridge, Ontario, N1R 6V2
5.9
St. Benedict
Catholic50 Saginaw Parkway, Cambridge, Ontario, N1R 5W1
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.